CFP Franc (XPF)
The CFP franc is used in French Polynesia, New Caledonia and Wallis and Futuna. The Institut d’émission d’outre-mer (IEOM), the issuing institution for the Pacific Franc zone, supports its notes and coins. XPF is the ISO code used by international systems; it is a shared regional currency rather than a currency assigned to metropolitan France. CurrencyHub uses a neutral regional icon for the three participating collectivities.
- ISO code
- XPF
- Symbol
- ₣
- Region
- Oceania
- Currency type
- Fiat currency
- Exchange system
- Fixed parity with the euro
- Last reviewed
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Quick facts
XPF at a glance
Currency profile
How XPF works
The CFP franc is used in French Polynesia, New Caledonia and Wallis and Futuna. The Institut d’émission d’outre-mer (IEOM), the issuing institution for the Pacific Franc zone, supports its notes and coins. XPF is the ISO code used by international systems; it is a shared regional currency rather than a currency assigned to metropolitan France. CurrencyHub uses a neutral regional icon for the three participating collectivities.
Institut d’émission d’outre-mer (IEOM) administers XPF within a fixed parity with the euro system.
- The CFP franc is the established currency of the French Pacific collectivities and is administered through the IEOM monetary area.
- The reviewed cash profile records XPF 500, XPF 1,000, XPF 5,000, XPF 10,000 for banknotes and the officially documented circulation coin series for coins.
Context
Why this currency matters
XPF has a fixed relationship with the euro at 1 EUR = 119.331742 XPF. That parity is useful when explaining why XPF can move against USD or NZD while remaining stable against EUR. IEOM provides currency information for the three participating collectivities and their cash circulation. Notes commonly seen in the area include 500, 1,000, 5,000 and 10,000 XPF denominations, while coins cover smaller purchases. A conversion page should show the territory group, the IEOM issuer and the exact provider date beside the result. The fixed euro parity also anchors prices and accounting across the three areas, while the issuer’s territorial remit explains why XPF is a Pacific Franc zone currency.
Monetary framework
Exchange arrangement
CFP Franc operates under the reviewed fixed parity with the euro arrangement, with Euro.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for XPF
CFP franc created
France established the CFP franc for its Pacific territories after the Second World War.
Institut d’émission d’outre-mer (IEOM)French-franc parity fixed
A fixed relationship with the French franc stabilized the shared Pacific unit.
Institut d’émission d’outre-mer (IEOM)Euro anchor established
The fixed relationship was converted to EUR when the euro replaced the French franc.
Institut d’émission d’outre-mer (IEOM)
Usage and economy
How XPF is used
- XPF is used for prices, wages and settlement in French Polynesia, New Caledonia, and Wallis and Futuna.
- Its euro anchor and Pacific location make comparisons with EUR, AUD, NZD and FJD especially relevant.
Country currency guides
Banknotes and coins
XPF currency units
The issuing authority documents the reviewed XPF banknote denominations used in the current cash system.
The issuing authority documents the circulation coin system for XPF.
One CFP Franc unit is recorded with 0 decimal places and uses Centime as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
XPF questions
Where is XPF used?
XPF is used in French Polynesia, New Caledonia and Wallis and Futuna.
Is XPF the same as the old French franc?
No. XPF is the current CFP franc used in the French Pacific monetary area, while the French franc was replaced by the euro in France.
How is XPF linked to EUR?
The CFP franc has a fixed parity of 1 EUR = 119.331742 XPF.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.